Institution anticipates Bank of England interest rate decision: Bank of England may cut interest rates four more times next year.
Analysts at the Investment Research Institute of Yuxin Bank stated in a report that the Bank of England is likely to announce a rate cut today and may cut rates four more times in 2026. The analysts pointed out that recent inflation, labor market, and GDP data in the UK all indicate economic weakness, increasing the likelihood of further rate cuts by the Bank of England in the coming months. The analysts at the bank said: "We expect the Bank of England to cut rates four more times next year, bringing the interest rate down to 2.75%, which we believe is roughly a neutral level." LSEG data shows that the money market expects the Bank of England to cut rates on Thursday and then again in 2026.
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